The Syama Transformation Story
|
|
- Edward Parker
- 5 years ago
- Views:
Transcription
1 The Syama Transformation Story Mine Gold. Create Value. Ms Lee-Anne de Bruin, Chief Financial Officer JP Morgan Australian Gold Forum September 2018
2 Important Notices and Disclaimers This presentation contains information about Resolute Mining Limited (Resolute or the Company) and its activities that is current as at the date of this presentation unless otherwise stated. The information in this presentation remains subject to change without notice. This presentation has been prepared by Resolute and no party other than Resolute has authorised or caused the issue, lodgement, submission, despatch or provision of this presentation. The information in this presentation is general in nature and does not purport to be complete. This presentation is not a prospectus, disclosure document or other offering document under Australian law or under the laws of any other jurisdiction. This presentation is provided for information purposes and does not constitute an offer, invitation or recommendation to subscribe for or purchase securities in Resolute in any jurisdiction. The information contained in this presentation has been prepared in good faith by Resolute, however no guarantee, representation or warranty expressed or implied is or will be made by any person (including Resolute and its affiliates and their directors, officers, employees, associates, advisers and agents) as to the accuracy, reliability, correctness, completeness or adequacy of any statements, estimates, options, conclusions or other information contained in this presentation. To the maximum extent permitted by law, Resolute and its affiliates and their directors, officers, employees, associates, advisers and agents each expressly disclaims any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss or damage suffered by any person relating in any way to the use of or reliance on information contained in this presentation including, without limitation: from representations or warranties or in relation to the accuracy or completeness of the information contained within this presentation; from statements, opinions, forecasts, reports or other matters, express or implied, contained in, arising out of or derived from this presentation; or for omissions from this presentation including, without limitation, any financial information, any estimates, forecasts, or projections and any other financial information derived therefrom. This presentation does not constitute financial product advice, investment, legal, taxation or other advice and is not intended to be used or relied upon as the basis for making an investment decision. This presentation is not a recommendation to acquire Resolute securities and has been prepared without taking into account the investment objectives, taxation situation, financial situation or needs of individuals. Before making any investment decision in connection with any acquisition of Resolute securities, prospective investors should consider the appropriateness of the information having regard to their own objectives, tax situation, financial situation and needs and seek financial, legal and taxation advice appropriate to their jurisdiction. Past performance information given in this presentation is for illustrative purposes only and should not be relied upon as an indication of future performance. This presentation includes certain forward-looking statements, including statements regarding our intent, belief or current expectations with respect to Resolute s business and operations, market conditions, results of operations and financial condition, and risk-management practices. Words such as project, foresee, plan, expect, aim, intend, anticipate, believe, estimate, may, should, will and similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Forward-looking statements are provided as a general guide only and should not be relied upon as an indication or guarantee of future performance. These statements are based upon a number of estimates and assumptions that, while considered reasonable by Resolute, are inherently subject to significant uncertainties and contingencies, many of which are outside the control of Resolute, involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements on certain assumptions, which may prove to be incorrect. Actual results, performance, actions and developments of Resolute may differ materially from those expressed or implied by the forward-looking statements in this presentation. As an Australian company listed on the Australian Securities Exchange (ASX), Resolute is required to report ore reserves and mineral resources in Australia in accordance with the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Recipients should note that while Resolute s mineral resource and ore reserve estimates comply with the JORC Code, they may not comply with relevant guidelines in other countries. For details of the Mineral Resources and Ore Reserves used in this presentation, please refer to ASX Announcement dated 16 August 2018 titled Annual Ore Reserve and Mineral Resource Statement as at 30 June The Company is not aware of any new information or data that materially affects the Mineral Resources and Ore Reserves as reported in that ASX Announcement and confirms that all material assumptions and technical parameters underpinning this plan continue to apply and have not materially changed. The form and context in which the Competent Persons findings are presented have not been materially modified. Notes US$ numbers quoted are weighted average in US$, at prevailing exchange rates All in Sustaining Costs (AISC) per ounce of gold produced are calculated in accordance with World Gold Council guidelines. These measures are included to assist investors to better understand the performance of the business. Cash cost per ounce of gold produced and AISC are non International Financial Reporting Standards financial information 1
3 Mine Gold. Create Value. Market Capitalisation ~A$800m FY19 Guidance 300koz at US$960/oz (A$1,280/oz) Portfolio 3 Mines Multiple Strategic Investments Note: Global Ore Reserves and Global Mineral Resources are as at 30 June 2018 and based on Resolute s managed inventory plus Resolute s attributable share of Resources associated with its strategic equity investments in various listed explorers. Global Mineral Resources 16.5Moz Global Ore Reserves 5.9Moz Landholding 5,300 km 2 2
4 Recent Announcements Syama DFS Update delivers >300kozpa at US$746/oz LOM AISC (14 year life) Development progressing well at Syama Underground; on track for sub-level caving by December 2018 Ravenswood Expansion Project delivers 115kozpa at US$823/oz LOM AISC (14 year life) Bibiani Update demonstrates ~100kozpa at ~US$750/oz LOM AISC (10 year life) Nafolo and Tabakoroni: stunning exploration results Major gold inventory upgrade; 16.5Moz Global Resources / 5.9Moz Global Reserves Development project optionality enhanced through multiple strategic investments US$100m revolver secured to maximise financial flexibility Profitability maintained during development phase; Net Profit After Tax of A$78m Strong shareholder returns; Dividend of 2.0 cents per share (dividend payout of 3.3% of FY18 revenue) 3
5 Corporate Summary (ASX:RSG) Capitalisation A$ US$ Share Price $1.05 $0.75 Price Performance and Trading YTD Daily Trading Averages : Volume: 6.5m / Value: A$7.9m Shares Outstanding 757.5m Market Capitalisation $792m $586m Cash, Bullion, Investments $112m $83m Borrowings $33m $24m Enterprise Value $713m $527m Dividend Policy 2% of annual sales revenue offered in gold or cash FY18 Dividend 2.0 cents per share 3.3% of sales revenue Note: market data as at 18 September Cash, bullion, investments, borrowings as at 30 June
6 Extensive Reserve and Resource Growth Resolute has added ~8Moz to its Global Resource since 2010 Global Mineral Resources Moz 16.5Moz Syama FY18 Reserves Contribution (Moz) Global Ore Reserves Moz Moz Discovery Cost of A$34.5 per Reserve Ounce Note: FY10 and FY18 Reserves and Resources are as at 30 June 2018 and reported on a 100% basis. Investments (Attributable) is Resolute s share of Resources associated with its investments in listed exploration companies. 5
7 Significant Investment Enables Transformation Mine Life (Years) Operating Statistics Clear Pathway to 500kozpa (koz) Syama Ravenswood Bibiani NA kozpa US$746/oz AISC Fully automated sublevel caving ~115kozpa US$823/oz AISC Bulk open pit mining ~100kozpa ~US$750/oz AISC FID post Syama UG ramp-up Annual Gold Production (koz) Strategic Investments FY18 FY19 FY20 FY21 FY22 Note: The target ounces are entirely based on current Ore Reserves. All Ore Reserves which underpin the plan have been prepared by a Competent Person or Persons in accordance with the JORC Code. For details of Ore Reserves used for the plan, please refer to ASX Announcements dated 26 September 2017 and 3 July
8 Resolute Portfolio Syama Gold Mine A world class, fully automated sub-level cave gold mine on track to be delivered by December 2018 Ravenswood Gold Mine Proven producing asset with multiple open pits which underpin long-term production Bibiani Gold Mine Recent feasibility study update completed which demonstrates potential for a long life, high margin project Strategic Investments Multiple strategic positions in highly prospective African explorers with significant land positions 14 year mine-life 14 year mine-life ~10 year target mine-life 17% 7.9Moz Global Resource Life of Mine All-In Sustaining Cost US$746/oz Site Processing Capacity ~4.0Mtpa 3.5Moz Total Reserve Expected Site Production +300kozpa 4.7Moz Total Resource Life of Mine All-In Sustaining Cost US$823/oz Process Capacity - Current 2.8Mtpa 1.7Moz Total Reserve Life of Mine Average Production ~115kozpa Nameplate Capacity 5.0Mtpa 2.5Moz Total Resource Life of Mine All-In Sustaining Cost US$764/oz Available Process Capacity 3Mtpa Proposed Annual Production ~100kozpa Start-Up Capital US$75M 27% 27% 23% 19% 10% Note: Global Reserve and Resource estimates for Syama are inclusive of Tabakoroni and Northern Pits. 7
9 Syama Gold Mine Syama Gold Mine 8
10 Syama Gold Mine Sub-level caving from December 2018 FY18 Summary Statistics Production: 194koz Cash Cost: A$1,196/oz (US$928/oz) AISC: A$1,286/oz (US$998/oz) Average Price Achieved: A$1,699/oz (US$1,317/oz) Underground Development: 8,257m Reserves Resources DFS Update LOM AISC reduced to US$746/oz (from US$881/oz) UG Probable Reserve increased by 38% to 3.0Moz Mine life extended by 4 years from 2028 to 2032 Cost savings through automation, power upgrade Resource and reserve expansion expected 3.5Moz 7.9Moz Increased throughput may be achievable Note: Reserves and Resources estimates for Syama are inclusive of Tabakoroni and Northern Pits. 9
11 Sub Level Cave Mining at Syama A world class sub-level cave gold mine in the making Controlled, high-productivity ore delivery Full automation maximises operating efficiencies Early access to ore without leaving a crown pillar below the open pit A flexible method with ability to adapt cut-off grades depending on economic inputs Low upfront capex Strong partnership with Sandvik 10
12 Syama Underground DFS Update Overview Improvements made to all aspects of Syama Redesign and rescheduling of mine plan 38% increase in UG Ore Reserves to 3.0Moz Mine life extended to 2032 Introduction of autonomous mining Site power generation facilities improved Lower mining and processing costs LOM AISC reduced to US$746/oz Capital intensity reduced to US$177/oz (from US$186/oz) 11
13 Automation at Syama There are significant benefits associated with automation and the connected communication and information technology systems Increased machine productivity and performance Reduction in number of machines required leading to capital and maintenance savings Reduced risk and better safety outcomes including reduced emissions, noise, and vibration Reduction in required personnel underground Lower production costs per tonne Greater control of mining with less variation which results in less dilution Increased productivity and efficiency and optimised scheduling Greater machine life Opportunity for mining rate increases without requirement for additional infrastructure Ability to train the Syama workforce using new intuitive technologies 12
14 New Automated Underground Equipment arriving at Syama 13
15 14
16 15
17 Active, Multi-Rig Exploration Program Resolute controls 80km strike length of Syama greenstone belt 16
18 Nafolo: A Major Gold Discovery at Syama Extension potential for existing Syama underground Untested to the south and at depth All drillholes to date have intersected gold mineralisation Nafolo mineralisation can potentially be accessed from existing Syama Underground infrastructure and may form part of a future expanded mining operation Infill resource drilling to upgrade to indicated status Q4 FY19 Syama and Nafolo resource model and drillhole locations 17
19 Tabakoroni: High Grade UG Mine Potential Numerous wide high grade gold intersections Located 35km south of Syama TARD621 returned 41m at 12.15g/t Au: displays the significant grades and widths seen in the main zone mineralisation The current drilling program is ongoing with two diamond drill rigs in operation at Tabakoroni to fully define the new zones An updated and expanded Mineral Resource Estimate for Tabakoroni, including a maiden underground mineral resource, will be available later in
20 Tabakoroni: Standalone UG Mine Potential Coherent High Grade Zones >50 gram metres Visible gold in new Tabakoroni core samples 19
21 Syama Gold Mine A world class fully automated underground gold mine in the making Mine Life 14 Years Production +300kozpa AISC US$746/oz 20
22 Ravenswood Gold Mine 21
23 Ravenswood Gold Mine Multiple open pits underpin long-term production FY18 Summary Statistics Production: 90koz Cash Cost: A$1,330/oz (US$1,019/oz) AISC: A$1,394/oz (US$1,071/oz) Average Price Achieved: A$1,710/oz (US$1,321/oz) Project Study Update Significant enhancements to Ravenswood Expansion Project All required approvals received; Buck Reef West prioritised LOM AISC reduced to A$1,097/oz (US$823/oz) Reserves 1.7Moz Resources 4.7Moz LOM average production of ~115kozpa of gold Mine life extended by three years to 2032 Staged development plan; FY19 capex of only A$33 million Major expansion capital deferred through sequencing changes Ravenswood confirmed as a long life, low risk, low cost project 22
24 Bibiani Gold Mine Bibiani Gold Mine 23
25 Bibiani Gold Mine Potential for a long life, high margin project with robust economics Study Update July 2018 Environmental Permit Authorisation received Mineral Resource of 2.5Moz of gold (3.6 g/t Au) Potential for ~100kozpa over a 10 year mine life Reserves 0.6Moz Resources 2.5Moz LOM AISC reduced to US$764/oz Start-up capital requirement of ~US$75m Operational readiness planning to commence during FY19 Final Investment Decision expected post Syama UG ramp-up 24
26 Strategic Investments in Africa Objective Establish a portfolio of investments in emerging gold explorers to expand our project pipeline and provide a source of medium term potential growth opportunities 27% stake 19% stake Focus 27% stake 17% stake Equity investments in well managed African focused exploration teams holding promising tenure in highly prospective gold regions 23% stake 10% stake Multiple potential opportunities for the development of future Resolute gold mines 25
27 Invest in Resolute Transformation enables bold ambition Proven operator: Resolute has mined more than 8Moz from 9 gold mines in Australia and Africa Long life, low cost, large scale assets: 14 year life at operating assets; clear pathway to 500kozpa; LOM AISC of US$746/oz at Syama Large and growing resource base: 16.5Moz of Global Mineral Resources and 5.9Moz of Ore Reserves Strong commitment to exploration: 8.4Moz Mineral Resources and 3.0Moz Ore Reserves added since 2010 Focus on technology and innovation: Resolute is developing the world s first custom built, fully automated sub-level cave Unique skill set and reputation in Africa: Long term track record of successfully operating in the region (20+ years) Compelling valuation proposition: Valuation upside from delivery of Syama development and ramp-up Building a portfolio of Resolute gold mines: Strategic investments in 6 African-focused explorers 26
28 Mine Gold. Create Value. John Welborn Managing Director & CEO Lee-Anne de Bruin Chief Financial Officer Jeremy Meynert General Manager Business Development & Investor Relations Level 2, Australia Place William St Perth, Western Australia 6000 T: F: E: contact@rml.com.au
The Syama Transformation Story. Mine Gold. Create Value. Precious Metals Investment Symposium October 2018
The Syama Transformation Story Mine Gold. Create Value. Precious Metals Investment Symposium October 2018 Important Notices and Disclaimers This presentation contains information about Resolute Mining
More informationSyama: Automation Powering Transformation. Mine Gold. Create Value. Corporate Presentation Cape Town February 2019
Syama: Automation Powering Transformation Mine Gold. Create Value. Corporate Presentation Cape Town February 2019 Important Notices and Disclaimers This presentation contains information about Resolute
More information2018 Annual General Meeting CEO Presentation. Mine Gold. Create Value. Perth 26 October 2018
2018 Annual General Meeting CEO Presentation Mine Gold. Create Value. Perth 26 October 2018 Important Notices and Disclaimers This presentation contains information about Resolute Mining Limited (Resolute
More informationCelebrating 21 years of African gold mining. Presentation by Lee-Anne de Bruin, Chief Financial Officer Mining Indaba 2018, Cape Town
Celebrating 21 years of African gold mining Presentation by Lee-Anne de Bruin, Chief Financial Officer Mining Indaba 2018, Cape Town Important Notices and Disclaimers Not an offer of securities This presentation
More information2018 Half Year Financial Results. 22 February 2018
2018 Half Year Financial Results 22 February 2018 The current investment phase is creating long life, low cost mines with exceptional growth prospects 2 Mine Gold. 142,748oz Total Gold Production H1 FY18
More informationMine Gold. Create Value. Annual General Meeting 2017 Presentation to Shareholders Perth, Western Australia, Tuesday, 28 November 2017
Mine Gold. Create Value. Annual General Meeting 2017 Presentation to Shareholders Perth, Western Australia, Tuesday, 28 November 2017 Important Notices and Disclaimers Not an offer of securities This presentation
More informationMine Gold. Create Value. Full Year Results for the year ending 30 June 2017
Mine Gold. Create Value. Full Year Results for the year ending 30 June 2017 Cautionary Statement This presentation includes certain statements, estimates and projections with respect to the future performances
More informationCEO Presentation Annual General Meeting, Perth - Tuesday 29 th November ASX:RSG
CEO Presentation Annual General Meeting, Perth - Tuesday 29 th November 2016 ASX:RSG www.rml.com.au Cautionary Statement This presentation includes certain statements, estimates and projections with respect
More informationMine Gold. Create Value. Investor Presentation - Sydney Mining Club, Sydney, 13 July 2017
Mine Gold. Create Value. Investor Presentation - Sydney Mining Club, Sydney, 13 July 2017 Cautionary Statement This presentation includes certain statements, estimates and projections with respect to the
More informationThe Turnaround Continues. Value Over Volume
The Turnaround Continues Value Over Volume Doray Minerals Limited Investor Update August 2017 Disclaimer This presentation has been prepared by Doray Minerals Limited ( Doray ) to provide an update regarding
More informationMine Gold. Create Value. Presentation by Mr John Welborn, Managing Director & CEO Diggers & Dealers Conference, Kalgoorlie, Monday 7 August, 2017
Mine Gold. Create Value. Presentation by Mr John Welborn, Managing Director & CEO Diggers & Dealers Conference, Kalgoorlie, Monday 7 August, 2017 Cautionary Statement This presentation includes certain
More informationDoray Minerals Limited
Investor Update June 2017 Doray Minerals Limited Disclaimer This presentation has been prepared by Doray Minerals Limited ( Doray ) toprovide an update regarding thecompany toinvestors. Presentation information:
More informationMine Gold. Create Value. European Gold Forum, Zurich, 4-6 April 2017
Mine Gold. Create Value. European Gold Forum, Zurich, 4-6 April 2017 Cautionary Statement This presentation includes certain statements, estimates and projections with respect to the future performances
More informationMine Gold. Create Value. European Gold Forum, Zurich, 4-6 April 2017
Mine Gold. Create Value. European Gold Forum, Zurich, 4-6 April 2017 Cautionary Statement This presentation includes certain statements, estimates and projections with respect to the future performances
More informationMERGER PRESENTATION JULY 2018
MERGER PRESENTATION JULY 2018 ASX: SPI ASX: EXG PAGE 1 1 CREATING A LEADING ASX-LISTED GOLD DEVELOPER The combined company, to be led by Managing Director Mr John Young, aims to fast-track the creation
More informationTransforming world class gold assets into an outstanding business
ASX:RSG www.rml.com.au Transforming world class gold assets into an outstanding business Highlights 2016 Corporate Directory Directors Chairman PE Huston Chief Executive Officer JP Welborn Non-Executive
More informationAn Australian gold miner for global investors Macquarie Securities Conference - May 2018
An Australian gold miner for global investors Macquarie Securities Conference - May 2018 Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results,
More informationAn Australian gold miner for global investors BMO Conference - February 2018
An Australian gold miner for global investors BMO Conference - February 2018 Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality,
More informationFor personal use only
ASX Announcement 4 August 2015 Chief Executive Officer s Presentation at Diggers & Dealers 01 Attached is a copy of the Chief Executive Officer s presentation to be given at the Diggers and Dealers Conference
More informationMine Gold. Create Value.
Mine Gold. Create Value. ASX:RSG www.rml.com.au Annual Report 2018 Contents FY18 Highlights 2 Invest in Resolute 4 Managing Director s Review 5 Board and Executives 7 Review of Operations 10 Ore Reserves
More informationGROWTH THROUGH CASH FLOW. Q Results 3 August 2017
GROWTH THROUGH CASH FLOW 2017 Results 3 August 2017 2 DISCLOSURES Forward Looking Statements: There are risks associated with an investment in the shares of Centamin. Recipients of this presentation should
More informationResolute to Explore in Egypt
6 July 2017 Resolute to Explore in Egypt Highlights Resolute has been successful in bidding for two large scale exploration blocks in Egypt in the first round of the government s international tender process
More informationQuarterly Results. June 2015
Quarterly Results June 2015 DISCLAIMER Forward looking statements These materials prepared by Evolution Mining Limited (or the Company ) include forward looking statements. Often, but not always, forward
More informationCapital Raising Completed
Not for distribution to the United States 28 September 2016 Capital Raising Completed Resolute Mining Limited (Resolute or the Company) (ASX:RSG) is pleased to announce the successful completion of the
More informationFor personal use only
20 June 2017 SIANA GOLD PROJECT AND COMPANY UPDATE Key Points Siana Gold Project, Philippines Key milestones achieved with underground development prior to suspension of underground activities: o Combined
More informationMine Gold. Create Value. Investor Presentation 121 Mining Investment Conference, London, May 2017
Mine Gold. Create Value. Investor Presentation 121 Mining Investment Conference, London, May 2017 Cautionary Statement This presentation includes certain statements, estimates and projections with respect
More informationAcacia Mining plc Bank of America Merrill Lynch Global Metals and Mining Conference
Acacia Mining plc Bank of America Merrill Lynch Global Metals and Mining Conference Important Notice This presentation includes forward-looking statements that express or imply expectations of future events
More informationEvolution Mining Macquarie Australia Conference. 7 May 2015 Jake Klein Executive Chairman
Evolution Mining Macquarie Australia Conference 7 May 2015 Jake Klein Executive Chairman These materials prepared by Evolution Mining Limited (or the Company ) include forward looking statements. Often,
More informationHANKING GOLD MINING. Diggers & Dealers. August 2016
HANKING GOLD MINING Diggers & Dealers August 2016 Important Notice and Disclaimer IMPORTANT: YOU MUST READ THE FOLLOWING BEFORE CONTINUING The following Important Notice applies to this presentation and
More informationDevelopment Progress and Steady Production
31 January 2018 Development Progress and Steady Production FY18 guidance maintained of 300koz at AISC of A$1,280/oz / US$960/oz December quarterly gold production of 66koz at AISC of A$1,392/oz Syama Underground
More informationResolute to acquire stake in Loncor Resources
4 April 2018 Resolute to acquire stake in Loncor Resources Resolute Mining Limited (Resolute or the Company) (ASX:RSG) is pleased to advise the Company has entered a binding agreement (Agreement) to secure
More informationInvestor Update - June 2012
DORAY MINERALS LTD Investor Update - June 2012 Developing WA s next high grade gold mine Allan Kelly Managing Director ASX:DRM Disclaimer This presentation is not a prospectus nor an offer for securities
More informationFor personal use only
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 16 September 2013 Troy Resources Investor Presentation September 2013 Perth, Western Australia: Troy Resources
More informationSYDNEY MINING CLUB FEBRUARY 2019 DUNCAN GIBBS MANAGING DIRECTOR & CEO
SYDNEY MINING CLUB FEBRUARY 2019 DUNCAN GIBBS MANAGING DIRECTOR & CEO DISCLAIMER IMPORTANT NOTICES Nature of this document: The purpose of this presentation is to provide general information about Gold
More informationbut investors are currently concerned about: Cost pressures Skills shortages US$ gold price outlook Australian dollar gold price per ounce
2 A$/oz 1,900 1,800 1,700 1,600 1,500 1,400 Australian dollar gold price per ounce A$ gold price Evolution reserve price assumption 1 Australian gold producers in good shape Generating record profits Reliable
More informationRESERVES of 700,000 ounces Gold (43-101) RESOURCES of 4.2 million ounces Gold (43-101) 25 th February 2013 Annual General Meeting
RESERVES of 700,000 ounces Gold (43-101) RESOURCES of 4.2 million ounces Gold (43-101) 25 th February 2013 Annual General Meeting www.vatukoulagoldmines.com info@vgmplc.com +44(0)207 440 0643 DISCLAIMER
More informationWest African Resources awards underground mining contract for M1 South to Byrnecut
Press Release 28 th November 2018 West African Resources awards underground mining contract for M1 South to Byrnecut Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to announce
More information2017 Results Presentation
Consistently Delivering On Commitments February 22, 2018 2017 Results Presentation Cautionary & Technical Statements Cautionary Notes - Information Purposes Only The information contained in this presentation
More informationWorld Class Financial Returns From World Class Australian Gold Mines Diggers and Dealers August 2017
World Class Financial Returns From World Class Australian Gold Mines Diggers and Dealers August 2017 Disclaimer Competent Persons Statements The information in this announcement that relates to exploration
More informationA$37M INSTITUTIONAL PLACEMENT TO ACCELERATE EXPLORATION PROGRAMS AT WESTRALIA AND CAMERON WELL AND EXTINGUISH JUPITER LIFE OF MINE ROYALTY OBLIGATION
Not for release to US wire services or distribution in the United States 11 JULY 2018 A$37M INSTITUTIONAL PLACEMENT TO ACCELERATE EXPLORATION PROGRAMS AT WESTRALIA AND CAMERON WELL AND EXTINGUISH JUPITER
More informationRESOLUTE GOLD DIVIDEND
9 September 2016 RESOLUTE GOLD DIVIDEND In accordance with the Resolute Mining Limited (Resolute or the Company) (ASX:RSG) announcement dated 30 August 2016, the Company will pay a dividend of 1.7c per
More informationRAMELIUS TAKEOVER OFFER FOR EXPLAURUM LTD
Ramelius Resources Limited ASX:RMS RAMELIUS TAKEOVER OFFER FOR EXPLAURUM LTD 10 SEPTEMBER 2018 EXPLAURUM TAKEOVER TAKEOVER OFFER OFFER SEPTEMBER SEPTEMBER 2018 2018 1 QUALIFICATION Forward Looking Statements
More informationQ Results Presentation
Consistently Delivering On Commitments October 27, 2017 Q3 2017 Results Presentation Cautionary & Technical Statements Cautionary Notes - Information Purposes Only The information contained in this presentation
More informationFor personal use only
3 July 2017 ASX: MOD MOD Enters Agreement to Sell Sams Creek Gold Project for A$3.8 million MOD to receive total consideration of A$3.8 million for the sale of Sams Creek MOD to retain up to 15% interest
More informationJune 2014 Quarterly Results. Sandeep Biswas Managing Director & Chief Executive Officer
June 204 Quarterly Results Sandeep Biswas Managing Director & Chief Executive Officer Newcrest objectives and priorities Realise full potential of each asset in the portfolio 3 key focus areas: Operating
More informationAustralia s newest mid-tier gold miner
ASX: SAR Australia s newest mid-tier gold miner RALEIGH FINLAYSON MANAGING DIRECTOR Australia - May 2016 Qualification This presentation has been prepared by Saracen Mineral Holdings Limited (Saracen or
More informationFor personal use only
INDEPENDENCE GROUP NL PETER BRADFORD, MANAGING DIRECTOR AND CEO Australian Nickel Conference 20 October 2016 Cautionary statements & disclaimer This presentation has been prepared by Independence Group
More informationPROACTIVE PRESENTATION. ROBERT MONRO Head of Business Development September 2018
PROACTIVE PRESENTATION ROBERT MONRO Head of Business Development September 2018 OUR HISTORY Hummingbird is an emerging +100,000oz gold producer having successfully built, commissioned and completed ramp
More informationFor personal use only
Developing the outstanding Fekola Project September 2014 Click to edit Master title style Click to edit Master subtitle style ASX:PIR 1 Executive Summary Papillon is an ASX-listed gold development company
More informationThe Yamarna Gold Belt: A New High-Grade Gold Region. August 2011
The Yamarna Gold Belt: A New High-Grade Gold Region Diggers & Dealers Diggers & Dealers August 2011 Disclaimer The purpose of this presentation is to provide general information about Gold Road Resources
More informationConversion and Redemption of Convertible Notes Completed
24 June 2016 Conversion and Redemption of Convertible Notes Completed $15 million of Convertible Notes have been successfully converted and redeemed 14,050,000 ordinary shares in Resolute issued upon election
More informationMEDIA RELEASE. OCEANAGOLD HAILE OPTIMISATION STUDY DELIVERS ENHANCED VALUE (All financial figures in US Dollars unless otherwise stated)
MEDIA RELEASE 26 June 2017 OCEANAGOLD HAILE OPTIMISATION STUDY DELIVERS ENHANCED VALUE (All financial figures in US Dollars unless otherwise stated) (MELBOURNE) OceanaGold Corporation (TSX/ASX: OGC) (the
More informationDoray Minerals Limited
December 2014 Half Year Results Presentation Doray Minerals Limited Creating a leading mid-tier high-grade WA gold company Disclaimer and Forward Looking Statements This presentation has been prepared
More information20% Increase in T3 Feasibility Study Plant Throughput to 3Mtpa
10 August 2018 ASX: MOD 20% Increase in T3 Feasibility Study Plant Throughput to 3Mtpa T3 plant throughput capacity increased to 3Mtpa, a 20% increase to the PFS Base Case Sedgman appointed as Feasibility
More informationInvestor Presentation
ASX/Media Release 28 September 2011 Investor Presentation Australian gold exploration and development company, Westgold Resources Limited (ASX: WGR, Westgold ) lodges an updated investor presentation which
More informationNew Management Optimising Production Reducing Costs. Doray Minerals Limited
New Management Optimising Production Reducing Costs Doray Minerals Limited Investor Update - February 2017 Disclaimer This presentation has been prepared by Doray Minerals Limited ( Doray ) to provide
More informationBuilding a quality gold business. Mark Clark
Building a quality gold business Mark Clark Managing Director May2011 This presentation contains only a brief overview of Regis Resources Limited and its associated entities ( Regis or RRL") and their
More information12,178gpt intersection at Paulsens
Maiden 2.5c fully-franked dividend for FY12 (3% yield) $65-85m surplus cash forecast for CY13 Resources to underpin +5-year mine life at Paulsens Clear strategy to grow group production to +200,000ozpa
More informationAn Australian gold miner for global investors WA Mining Club - May 2018
An Australian gold miner for global investors WA Mining Club - May 2018 Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality, geological
More informationDecember quarter 2018
December quarter RALEIGH FINLAYSON MANAGING DIRECTOR SIMON JESSOP CHIEF OPERATING OFFICER TROY IRVIN CORPORATE DEVELOPMENT OFFICER Presentation December quarter 21 st January 2019 Qualification This presentation
More informationComing of age MORGAN BALL CHIEF FINANCIAL OFFICER TROY IRVIN CORPORATE DEVELOPMENT OFFICER
Coming of age MORGAN BALL CHIEF FINANCIAL OFFICER TROY IRVIN CORPORATE DEVELOPMENT OFFICER Presentation Denver Gold Forum, Asia roadshow September 2017 Qualification This presentation has been prepared
More informationWorld Class Financial Returns From World Class Australian Gold Mines Full Year 2017 Financial Results - August 2017
World Class Financial Returns From World Class Australian Gold Mines Full Year 2017 Financial Results - August 2017 Disclaimer Competent Persons Statements The information in this announcement that relates
More informationThe Yamarna Gold Belt: Exploration Upside To Be Funded From Production
The Yamarna Gold Belt: Exploration Upside To Be Funded From Production Mr Gordon Murray Business Development Manager Disclaimer Important Notices Nature of this document: The purpose of this presentation
More informationPAYDIRT AUSTRALIAN NICKEL CONFERENCE OCTOBER 2016
PAYDIRT AUSTRALIAN NICKEL CONFERENCE OCTOBER 2016 Important Notice Disclaimer This presentation ("Presentation") has been prepared by Mincor Resources NL ("MCR") based on information available to it from
More informationRNC MINERALS. Q Results Conference Call TSX:RNX. November 15, 2017
RNC MINERALS Q3 2017 Results Conference Call November 15, 2017 TSX:RNX Disclaimer Cautionary Statements Concerning Forward-Looking Statements This presentation provides certain financial measures that
More informationSuccessful $15 million Capital Raise and Response to Media Speculation
21 January 2019 ASX/LSE: MOD Highlights: Successful $15 million Capital Raise and Response to Media Speculation Successfully raised $10 million through an oversubscribed institutional Placement at $0.30/sh.
More informationFor personal use only
ASX Announcement 29 January 2014 Quarterly Activities Report December 2013 Project geologists inspecting new drill core from the Natougou Gold Project. Orbis Gold Limited ACN 120 212 017 ASX Code : OBS
More informationADVANCING THE NEXT BIG GOLD DISCOVERY IN GHANA
ADVANCING THE NEXT BIG GOLD DISCOVERY IN GHANA Sept 2016 JORC 2012 & DISCLAIMER JORC 2012 This Presentation contains information extracted from the following reports which are available for viewing on
More informationAn Australian gold miner for global investors Denver Gold Forum - September 2017
An Australian gold miner for global investors Denver Gold Forum - September 2017 Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality,
More informationDelivering Financial Returns From Tier-1 Assets in Tier-1 Locations Full Year 2018 Financial Results - August 2018
Delivering Financial Returns From Tier-1 Assets in Tier-1 Locations Full Year 2018 Financial Results - August 2018 Disclaimer Competent Persons Statements The information in this announcement that relates
More informationFor personal use only
For personal use only Investor Presentation MARCH 2016 1 Disclaimer The purpose of this presentation is to provide general information about Aphrodite Gold Limited (Company) and it is presented for informational
More informationFY18 guidance upgraded as record production sees cash and equivalents rise 22% to A$102m
SARACEN MINERAL HOLDINGS LIMITED QUARTERLY REPORT: MARCH 218 Corporate Details: 17th April 218 ASX code: SAR Corporate Structure: Ordinary shares on issue: 817.8m Unvested employee performance rights:
More informationTAMPIA GOLD PROJECT FEASIBILITY STUDY
TAMPIA GOLD PROJECT FEASIBILITY STUDY DEVELOPING A NEW GOLD MINE EXPLORING A POTENTIAL NEW GOLD FIELD ASX:EXU 1 TAMPIA GOLD PROJECT Western Australian gold explorer focused on developing the shallow high
More informationPath to Near Term Gold Production. Diggers & Dealers, Kalgoorlie, 7-9 August 2017
Path to Near Term Gold Production Diggers & Dealers, Kalgoorlie, 7-9 August 2017 Important Notice Disclaimer This presentation ("Presentation") has been prepared by Mincor Resources NL ("MCR") based on
More informationKBL Mining Limited (ASX: KBL) Investor Presentation October KBL Mining Limited : : Investor Presentation
KBL Mining Limited (ASX: KBL) Investor Presentation October 2014 Corporate Snapshot KBL Mining Limited (ASX:KBL) - Producer, developer and explorer of base and precious metals with substantial exposure
More informationResource and Investment NL ASX: RNI Paydirt s Gold Conference Presentation 3 April 2014
An Emerging Western Australian Miner With a dominant copper-gold exploration portfolio Resource and Investment NL ASX: RNI Paydirt s Gold Conference Presentation 3 April 2014 1 Competent Person s Statement
More informationFor personal use only
ASX ANNOUNCEMENT 28th November 2012 MATILDA MINE DEMONSTRATES ROBUST ECONOMICS Matilda open pit design confirms o 2.45Mt milled tonnes @ 2.11 g/t au head grade o 150,000oz gold production over four years
More informationRIU Explorers Conference, February 2018: Trevor Dixon, Chairman
Construction Underway : CLEAR PATHWAY TO CASHFLOW IN 2018 Low Capex Development : PROCESSING PLANT ALREADY SECURED Project Debt Funding: US$27M SPROTT DEBT FACILITY An Emerging WA Gold Producer with Outstanding
More informationSanbrado Gold Project Feasibility Study
Sanbrado Gold Project Feasibility Study West Africa s next tier 1 gold asset 22 June 2018 Richard Hyde Managing Director & CEO IMPORTANT NOTICE IMPORTANT NOTICE AND DISCLAIMER This presentation contains
More informationINVESTOR PRESENTATION March 2017
INVESTOR PRESENTATION March 2017 1 1 Overview 100% owner of Big Springs Gold Project, north-east Nevada, USA 1 Mil ounce resource Fully permitted to commence mining operations Low capex requirement Mining
More informationAnnual General Meeting Perth WA. 15 November 2017 Bruce Kay Technical Director
Annual General Meeting Perth WA 15 November 2017 Bruce Kay Technical Director Disclaimer & Forward Looking Statements This presentation has been prepared by Catalyst Metals Limited ( Catalyst ). This document
More informationTSX.V:ORG Page 1 of 7. Orca Gold Inc West Georgia St. Vancouver, B.C., V6C 3E8, Canada Tel: Fax: HIGHLIGHTS
Orca Gold Inc. 2000-885 West Georgia St. Vancouver, B.C., V6C 3E8, Canada Tel: +1 604 689 7842 Fax: +1 604 689 4250 NEWS RELEASE Orca Gold Intercepts Broad Mineralization, Including 162m at 2.01 g/t Au
More informationREGIS RESOURCES LTD ANNUAL GENERAL MEETING 23 NOVEMBER 2017
1 REGIS RESOURCES LTD ANNUAL GENERAL MEETING 23 NOVEMBER 2017 DISCLAIMER & COMPETENT PERSONS STATEMENT 2 2 This presentation contains only a brief overview of Regis Resources Limited and its associated
More informationFOCUS MINERALS LIMITED
FOCUS MINERALS LIMITED FFT:FZA ASX:FML Driving Sustainable Profitable Production Focus 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA ASX Spotlight Conference, New York Thursday 1 st March
More informationEmerging Producer in the. Murchison Goldfields
Emerging Producer in the Kirkalocka Gold Project Update April 2012 Murchison Goldfields ASX:MUM Release of Feasibility Study Released April 2, 2012 Demonstrates the recommissioning of Kirkalocka is economic
More informationSOUTH AUSTRALIA EXPLORATION AND MINING CONFERENCE STEVEN MCCLARE IIIII GENERAL MANAGER 28 NOVEMBER 2013
SOUTH AUSTRALIA EXPLORATION AND MINING CONFERENCE STEVEN MCCLARE IIIII GENERAL MANAGER 28 NOVEMBER 2013 ASSETS, BOARD AND MANAGEMENT TEAM Production and cash flow in Australia Kanmantoo Copper Mine (100%
More informationSeptember 2014 Quarterly Results
September 2014 Quarterly Results Sandeep Biswas Managing Director and Chief Executive Officer 21 October 2014 Disclaimer Forward Looking Statements These materials include forward looking statements. Often,
More informationFor personal use only
APPENDIX 4E FOR THE YEAR ENDED 1 ACN 097 088 689 01 HIGHLIGHTS Reported net profit after tax attributable to members of $85m after non-cash impairment charges of $79m. Positive cash flow from operations
More informationFor personal use only. Investor presentation
Investor presentation May 2018 ASX: GPR For personal use only Investment highlights 1 Advanced 100Koz.pa development project 5 AISC below A$800/oz in first two years 6 Strong cashflow delivers 2.2-year
More informationA New Growth Story in Western Australian Gold
A New Growth Story in Western Australian Gold Gold production imminent following execution of mining alliance & toll milling agreements Cash flow by Q4 2016 Outstanding exploration upside in world-class
More informationREGIS RESOURCES LTD INVESTOR PRESENTATION SEPTEMBER 2017
1 REGIS RESOURCES LTD INVESTOR PRESENTATION SEPTEMBER 2017 DISCLAIMER & COMPETENT PERSONS STATEMENT 2 This presentation contains only a brief overview of Regis Resources Limited and its associated entities
More informationMINCOR AUDIO BROADCAST VIA BOARDROOM RADIO
ASX ANNOUNCEMENT Friday, 4 June 2010 MINCOR AUDIO BROADCAST VIA BOARDROOM RADIO MINCOR RESOURCES NL (ASX: MCR) provides Shareholders and other interested parties with the opportunity to listen to an audio
More informationMEDIA RELEASE OCEANAGOLD UPDATES DIDIPIO NI TECHNICAL REPORT
MEDIA RELEASE 30 October 2014 OCEANAGOLD UPDATES DIDIPIO NI 43-101 TECHNICAL REPORT (All figures in US Dollars unless otherwise stated) (MELBOURNE) OceanaGold Corporation (TSX/ASX/NZX: OGC) (the Company
More informationLSE:ACA. Acacia Mining plc. Unearthing Africa s Potential
LSE:ACA Acacia Mining plc Unearthing Africa s Potential 03.09.2015 Important Notice This presentation includes forward-looking statements that express or imply expectations of future events or results
More informationAcacia Mining plc (formerly African Barrick Gold plc) LSE: ACA. ( Acacia or the Company ) Approval of Gokona Underground project at North Mara
27 November 2014 Acacia Mining plc (formerly African Barrick Gold plc) LSE:ACA ( Acacia or the Company ) Approval of Gokona Underground project at North Mara Total production of 450,000 ounces over a 5
More informationStraits Resources Debt Restructure A New Beginning
Straits Resources Debt Restructure A New Beginning Established Copper Producer Solid Project Pipeline Exploration Upside ASX: SRQ 18 August 2015 Disclaimer Forward-Looking Information Certain statements
More informationThe financial information contained in this market update presentation has not been reviewed or reported on by the Company's external auditors.
SUNRISE DAM 5 JULY 2018 Mike Erickson SVP Australia DISCLAIMER Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the
More informationRNC MINERALS Results Conference Call TSX:RNX. April 3, 2017
RNC MINERALS 2016 Results Conference Call April 3, 2017 TSX:RNX Disclaimer Cautionary Statements Concerning Forward-Looking Statements This presentation provides certain financial measures that do not
More informationAsia s newest major gold producer Tujuh Bukit Oxide Gold Silver Heap Leach
Asia s newest major gold producer Tujuh Bukit Oxide Gold Silver Heap Leach Mines and Money Asia Company Spotlight Presentation Paul Muddy Willis April 2017 1 Disclaimer PT Merdeka Copper Gold Tbk ( PT
More informationCONDOR GOLD. Mines and Money Conference. 1 st to 3 rd December 2015 CONDOR GOLD PLC
CONDOR GOLD Mines and Money Conference 1 st to 3 rd December 2015 DISCLAIMER This written presentation (the "Slides") has been prepared by Condor Gold plc (the "Company"). The Slides are the sole responsibility
More information